Enforcement Directorate attaches assets of spices trading company in J&K Bank loan fraud case
The Hindu
The Agency said that a factory building, shops, flats and lands of the company, S. A. Rawther Spices Private Limited and others were provisionally attached under the PMLA.
The Enforcement Directorate (ED) has attached assets worth over ₹145 crore of a Bengaluru-based spices company in a money-laundering probe linked to an alleged .
The Agency said in a statement issued on Wednesday that a factory building, shops, flats and lands of the company, S. A. Rawther Spices Private Limited and others were provisionally attached under the Prevention of Money Laundering Act (PMLA).
As speculation over the continuation of Minister for Scheduled Tribes Welfare B. Nagendra in the Cabinet persisted, with the demand for his resignation raised by the BJP in connection with the ₹94 crore scam at the Maharshi Valmiki Scheduled Tribes Development Corporation, his Cabinet colleagues came to his defence on Thursday.